Original source
Australian shares record their worst day since June 4 as global markets slide on a mix of fears about Spanish debt and slowing Chinese growth.
The market has closed lower, reporting its worst result since June 4. The benchmark S&P/ASX200 index dropped 67.4 points, or 1.6 per cent, to 4131.7, while the broader All Ords fell 68.9 points, or 1.6 per cent, to 4161.7.
The gold sub-index led the losses, dropping 3.9 per cent, followed by mining, down 3.4 per cent. IT dropped 2.5 per cent, and energy fell 2.6 per cent.
Read more: http://www.smh.com.au/business/markets-live/markets-live-stocks-lose-20b-20120723-22ixe.html#ixzz21QOLSbWD
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